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469 Results Found For "Manila / Business"
Economy sinks to lowest level in decades
/ from August 06, 2020
(UPDATED) The Philippine economy technically sank into a recession after gross domestic product (GDP) shrank for a second consecutive quarter.The Philippine Statistics Authority (PSA) on Thursday, August 6, 2020, said GDP growth rate plunged by 16.5 percent in the second quarter, when the National Capital Region and other key urban ...
Consumers advised: Practice cyber hygiene
/ from August 05, 2020
THE Bangko Sentral ng Pilipinas (BSP) advised financial consumers to observe cyber hygiene when making online financial transactions.Cyber hygiene refers to practices and steps that users of digital devices and financial services take to ensure online security.While BSP policies and regulations direct supervised financial institutions to comply with stringent cybersecurity ...
Economic contraction worse as PSA revises estimates downward
/ from August 05, 2020
ECONOMIC contraction was worse in the first quarter of 2020 as the Philippine Statistics Authority (PSA) revised gross domestic product (GDP) growth to -0.7 percent from the preliminary -0.2 percent.Overall inflation, meanwhile, continued to increase at a faster pace as it accelerated to 2.7 percent in July from 2.5 percent ...
Korean actress Son Ye Jin makes a mark as new face of Smart Signature
/ from August 04, 2020
AFTER capturing the hearts of Filipinos with her hit K-dramas, South Korean superstar Son Ye Jin is making her mark as the new face of Smart Signature, the postpaid brand of mobile services provider Smart Communications Inc.The big announcement came two months after PLDT's wireless subsidiary launched its "Simple, Smart ...
Western Union expands with TrueMoney in Philippines
/ from August 04, 2020
WESTERN Union, a leader in cross-border, cross-currency money movement and payments, announced a collaboration with TrueMoney, a leading financial services provider in the Philippines, enabling customers in the Philippines to receive money from their loved ones around the world.Customers will initially be able to receive money at select TrueMoney locations, ...
Smart 5G goes live
/ from July 29, 2020
STARTING July 30th, the 5G mobile phone network of Smart Communications is going live as a commercial service.In this initial phase of its commercial deployment, Smart Signature, Infinity and other Smart postpaid subscribers will be able to enjoy the super-fast data service of Smart 5G in key business districts of ...
House panel approves bill seeking to tax Netflix, other digital transactions
Jove Moya / from July 29, 2020
THE House committee on ways and means approved on Wednesday, July 29, 2020, a measure seeking to impose a 12 percent value-added tax (VAT) on digital transactions, including those made by foreign and local service providers like Netflix and Spotify.The House panel, chaired by Albay 2nd District Representative Joey Salceda, ...
DOLE to ‘rescue’ over 600,000 child laborers by 2022
/ from July 29, 2020
THE Department of Labor and Employment (DOLE) targets to “rescue” more than 600,000 child laborers by 2022 and bring them back to school.In a Laging Handa briefing on Wednesday, July 29, 2020, Labor Undersecretary Joji Aragon said that there were two million child laborers in the country in 2011.“Ang child ...
Lessors urged to show compassion to tenants
Third Anne Peralta-Malonzo / from July 27, 2020
PRESIDENT Rodrigo Duterte on Monday, July 27, 2020, called on lessors to show fairness and compassion to their tenants, especially small businesses that have been hit hard by the coronavirus disease 2019 (Covid-19) pandemic."Nananawagan po ako sa ating mga lessors... malasakit at bayanihan po sana ang pairalin natin ngayon. This ...
Converge ICT helps improve internet traffic by doubling bandwidth to PHOpenIX
/ from July 27, 2020
CONVERGE ICT, the country's first pure end-to-end fiber internet provider, has doubled its bandwidth to PHOpenIX, the only open and neutral Internet Exchange in the country that enables the exchanges of Internet traffic in a free-market environment among local internet and data service carriers.Aimed at optimizing internet usage in the ...
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